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ECB & FED have great pressure to raise interest rates

Wendy by Wendy
29/05/2023
in ECB, EUR, FED, Foreign Exchange Rate, News, USD
What should a foreign exchange trading platform do if it goes bankrupt?
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On Monday (May 29) in Asian trading, the latest price of EUR/USD was 1.0720, and the opening price was 1.0718. U.S. two-year bond yields rose to 4.6 percent from a low of 3.7 percent this month; U.K. two-year bond yields also topped 4.5 percent, the highest level since October last year; From 2.5% to nearly 3%.

Investors in particular have been uneasy about high core inflation, which they see as putting pressure on the central bank to raise rates further, even with the risk of a recession. “We’re certainly not out of the danger zone yet,” said Chief Investment Officer of LGIM Sonja Laud, Britain’s largest asset manager.

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